What is the effective rate of interest if you are quoted 12% per annum, compounded semi-annually? A.

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What is the effective rate of interest if you are quoted 12% per annum, compounded semi-annually?

A. 6.00%

B. 12.36%

C. 24.00%

D. 25.44%

Posted Date: May 19, 2024 09:12 AM

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What is the effective rate of interest if you are quoted 12% per annum, compounded semi-annually? A.

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